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Old 08-08-2022, 12:00   #232
Hom3r
Mum 30/09/20 Dad 08/08/24
 
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Join Date: Mar 2004
Location: Galactic Sector ZZ9 Plural Z Alpha, A secret Moonbase (shh don't tell anybody)
Age: 56
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Re: Rising cost of living

Quote:
Originally Posted by Damien View Post
Brutal news today.
  • 0.5% rise in interest rates. That'll be an unwelcome addition to anyone not on, or coming to the end of, a fixed term mortgage.
  • Inflation set to sit 13% by the end of the year
  • Recession predicted at the end of this year
  • Ofcom is going to review the price cap every 3 months rather than 6

My sister mortgage fixed term is up for renewal, I was talking to her and my BIL, they would have gone for 2 years, but due to China about to kick off they went for 3 years, and their bank is the best deal around.
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